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The average 30-year fixed mortgage rate reached 6.75% on Tuesday, marking its highest level since July 2025 following a sharp spike since late February.
Japan's economy grew at a 2.1% annualized rate in the first quarter, exceeding the 1.7% forecast on strong exports and consumption.
UK wage growth slowed to 3.4% in the first quarter of 2026 while youth unemployment reached its highest level since late 2014 at 14.7%.